Money Saving Gasoline Hack....

Hi jack.

Hope you all are well. Here is a hack I have used to save a lot of money as well as help me rotate my emergency gas supply.

1. I keep 50 gallons of gas for emergency generating for hurricanes



2. I need to rotate so I dump 20 gallons a month into my tank so I have 20 gallons of available space at the end of every month

3. I buy a lot of supplies at Home Depot that will put points on my Fuel Rewards https://www.fuelrewards.com/ account that gives me $'s off a gallon price at a Shell gas station when I buy gas. 20 gallon max.

4. So basically I get to drive 20 gallons of gas through my car for 0.52 cents/gallon and cycle my gas to keep it fresh quickly. This month was a banner month, but hell, even 0.35 cents off a gallons is helpful.

It still amazes me how people will overpay for groceries just so they can get some minuscule discount on fuel.

By buying groceries at Walmart, Aldi, Sharp Shopper, and a local grocery chain for meat, I'm saving far more than any of your fuel discounts will ever net.

Originally Posted by EDC76

It still amazes me how people will overpay for groceries just so they can get some minuscule discount on fuel.

By buying groceries at Walmart, Aldi, Sharp Shopper, and a local grocery chain for meat, I'm saving far more than any of your fuel discounts will ever net.

HOW DARE YOU QUESTION THE SMART PEOPLE OF THIS FORUM!!!

This of course is sarcasm. Ask them how they figure out return on investments, the answers will shock you.

Originally Posted by EDC76

It still amazes me how people will overpay for groceries just so they can get some minuscule discount on fuel.

By buying groceries at Walmart, Aldi, Sharp Shopper, and a local grocery chain for meat, I'm saving far more than any of your fuel discounts will ever net.

1. I would rather pay a little more for groceries than give my money to a store that imports poison from China.
2. Winn Dixie and the the local farm market are not substantially more expensive than Wally World and actually beats their prices if shopped strategically.
3. As I said in the OP, I shop a lot at Home Depot because of my business purchasing and I get Fuel Rewards off gallons of gas on thing I had to buy with my customers money.

Up here in Canada, we have something similar with Loblaws grocery stores. One buys fuel, get points and can trade them for grocery cash value. Also, I know that Flying J got a fidelity card, but they're no more located near me.

Last weekend, I saw on Gas Buddy that they got a discount card, but it looks like it needs to be linked to your checking account and I am not sure if it is a scam or not. Not very fond of giving open access to my bank account.

It's neither here nor there really .... but nationally .... the gross profit on a gallon of gas is about 15 - 20 cents at the retail level. Net profit, after expense, averages about 3 - 5 cents. It's a volume business. One of the stations that i worked at years ago used to sell an 18 wheeler tanker load per day. A tanker can haul 10,000 gallons but they usually don't haul more than 9,000 gallons due to weight restrictions going over the road. You tend to get your best prices at the stations located nearest to the tank yards.

There's not a whole lot of profit in retail sales of gasoline. There's also a difference in quality. Gasoline produced at the refinery is all the same. The difference is in the additive package that is added to the tank of the 18 wheeler when it loads up at the tank yard. Cheap gas has the additive package that just meets U.S. Federal standards. Name brand gas has an additive package that is distinctive to that brand of gasoline. The trusted names that we all know take their additive packages very seriously.

Because there really isn't a lot of money to be made at selling gasoline at retail level .... gas sales are usually used to lure you into an establishment where the profit margins are much higher.

Service stations make a hefty profit on their mechanic work. Convenience stores are self explanatory. Aldi & Lidl are among the largest GLOBAL grocery chains in the world. There's a reason these guys are the biggest fish in the pond. There's a lot more profit in selling lower cost no-name brands than there is in selling nationally recognized name brand products.

Anyhow .... did quite a bit of market research while i was working for a certain company up until last June.

Originally Posted by CopperMiner

Up here in Canada, we have something similar with Loblaws grocery stores. One buys fuel, get points and can trade them for grocery cash value. Also, I know that Flying J got a fidelity card, but they're no more located near me.

Last weekend, I saw on Gas Buddy that they got a discount card, but it looks like it needs to be linked to your checking account and I am not sure if it is a scam or not. Not very fond of giving open access to my bank account.

If not mistaken .... Irving Oil of Canada is one of the big fish in your part of the world ? Their Irving Rewards program seems fairly decent. I wouldn't have any problem doing business with them.

https://www.irvingoil.com/en-CA/on-t...irving-rewards

Originally Posted by hills

It's neither here nor there really .... but nationally .... the gross profit on a gallon of gas is about 15 - 20 cents at the retail level. Net profit, after expense, averages about 3 - 5 cents. It's a volume business. One of the stations that i worked at years ago used to sell an 18 wheeler tanker load per day. A tanker can haul 10,000 gallons but they usually don't haul more than 9,000 gallons due to weight restrictions going over the road. You tend to get your best prices at the stations located nearest to the tank yards.

There's not a whole lot of profit in retail sales of gasoline. There's also a difference in quality. Gasoline produced at the refinery is all the same. The difference is in the additive package that is added to the tank of the 18 wheeler when it loads up at the tank yard. Cheap gas has the additive package that just meets U.S. Federal standards. Name brand gas has an additive package that is distinctive to that brand of gasoline. The trusted names that we all know take their additive packages very seriously.

Because there really isn't a lot of money to be made at selling gasoline at retail level .... gas sales are usually used to lure you into an establishment where the profit margins are much higher.

Service stations make a hefty profit on their mechanic work. Convenience stores are self explanatory. Aldi & Lidl are among the largest GLOBAL grocery chains in the world. There's a reason these guys are the biggest fish in the pond. There's a lot more profit in selling lower cost no-name brands than there is in selling nationally recognized name brand products.

Anyhow .... did quite a bit of market research while i was working for a certain company up until last June.

Interesting. I have used BP for the most part since I figured out Citgo gas was supporting a communist regime in Venezuela. I now fill up 20 gallons a month with Shell, and I am considering doing Shell exclusively because they seem to give the same 5 cent discount on price if you use their credit card.

Originally Posted by hills

If not mistaken .... Irving Oil of Canada is one of the big fish in your part of the world ? Their Irving Rewards program seems fairly decent. I wouldn't have any problem doing business with them.

https://www.irvingoil.com/en-CA/on-t...irving-rewards

Not as big as they're in the Maritimes or New England, but they actually operate around here. I have only one Irving gas bar in a 30 mile radius, but they have the two large truck stops along the highway 20 where they generally sell at the lowest prices in a 100 mile radius. No need to say that they're very busy all the time. Costco is not bad neither, but they require a paid membership to buy fuel.

About the prices around the tank yards, the main refinery in our area (Valero / Ultramar) is located in St. Romuald (South of Quebec City) and the prices there are not better than anywhere else. That's something I never understood. Same with Montreal-Est (Suncor / Petro-Canada is the last one to actually refine oil there, but it used to have 5 or 6 refineries in its heyday.). Up here, I guess that the tax rates are what make the biggest impact on the retail prices, but it also depend how dynamic the market is. Around here, the prices changes often in some towns, but in some others, the prices change only once in a while. They won't go down when the oil barrel is cheaper, but they won't hike up before the weekends. If you're located in the metro areas, they need to collect extra transit taxes, but if you're going close to the U.S. or Ontario border, taxation is lower to discourage customers to go fueling on the other side of the line. On the other hand, I agree that the remote areas (far from the tank yards and/or far from competitors) generally have a higher price.